Lf the required return on the stock is 10 what is the price, Financial Management

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Lf the required return on the stock is 10 what is the price

A share of stock just paid a dividend of $3/share. It is expected that the dividend will grow at 12% for one year, then 8% for one year, and the will grow at 5% year forever. lf the required return on the stock is 10%, what is the price of the share of stock today?

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Financial Management: Lf the required return on the stock is 10 what is the price

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